10 years of 15-M: the movement that shook the foundations of

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This phrase was read 10 years ago in Puerta del Sol. The kilometer zero of Madrid became a camp of indignant people who demanded solutions for the problems of a citizenry drowned by a crisis that had triggered unemployment to 5 million people, He suffered the drama of evictions and saw that politicians avoided the consequences of a situation that they had caused. The spark jumped in the 15-M demonstration organized by the Real Democracy Now platform, but it had been brewing for months with other movements such as the protests of Juventud Sin Futuro, those of the Platform for People Affected by Mortgages (PAH) and, above all, in the heat of a crisis that destroyed the years of economic prosperity in which Spain was playing in the Champions League . "Neither PP, nor PSOE," the protesters shouted as they asked for solutions to get out of the crisis.

n 2007, the subprime mortgage crisis in the United States sounded distant, but in 2008 its effects devastated Spain. The brick bubble burst, the mantra that housing prices never go down was broken and thousands of families were hit by unemployment, precariousness and evictions . Four years later, the crisis had already gone from being a small blip to a harsh recession that Finland Phone Number List had shown that the economic foundations of the system were built on mud. The savings bank system began to fall like dominoes dragged by the collapse of the brick and showing that homes had been valued at exorbitant prices, now leaving a large hole in their accounts produced by assets that were no longer worth anything.



It was the first step towards the rescue of Bankia. How instant messaging apps and social networks are circumventing censorship and promoting peaceful protests around the world Meanwhile, the data from the Active Population Survey (EPA) showed unemployment records every quarter and prepared youth traveled outside Spain in search of opportunities. Given this, the response of the institutions was austerity. José Luis Rodríguez Zapatero, president of Spain until November 2011, returned to his politics in 2010 and, urged by the urgency of Brussels, crossed all his red lines with a large cut in social spending . "The 2008 financial crisis is very important to understand the 15-M movement because the perfect storm conditions were created for this transversal protest movement to occur," says Ignacio Jurado, researcher and political scientist at the Carlos III University of Madrid.